San Diego Report on Innovation Economy Still Shows Mixed Picture of Economic Recovery

that San Diego’s tech sector represents only 6 percent of employers, and just over 11 percent of all jobs in the county. But tech employment also accounts for more than 25 percent of all wages—paying 90 percent more than the overall average industrial wage in San Diego County. The report estimates that 136,500 people were employed in San Diego’s tech sector during the second quarter, and new methodology developed by the institute estimates that number amounts to more than 12 percent of all tech jobs in California. In comparison, Santa Clara County has more than 200,000 tech jobs and Orange County has nearly 122,000.

—The value of federal grants awarded to research scientists in San Diego from the National Institutes of Health, National Science Foundation, National Aeronautics and Space Administration, and the National Oceanic and Atmospheric Administration totaled $383 million during the second quarter. That was a 35 percent increase over the $286 million in the first quarter, but the report did not provide a comparison to the second quarter of 2009. The $340 million in total NIH grants awarded during the quarter was the largest quarterly award total in over two years, according to the Connect Innovation Report.

Author: Bruce V. Bigelow

In Memoriam: Our dear friend Bruce V. Bigelow passed away on June 29, 2018. He was the editor of Xconomy San Diego from 2008 to 2018. Read more about his life and work here. Bruce Bigelow joined Xconomy from the business desk of the San Diego Union-Tribune. He was a member of the team of reporters who were awarded the 2006 Pulitzer Prize in National Reporting for uncovering bribes paid to San Diego Republican Rep. Randy “Duke” Cunningham in exchange for special legislation earmarks. He also shared a 2006 award for enterprise reporting from the Society of Business Editors and Writers for “In Harm’s Way,” an article about the extraordinary casualty rate among employees working in Iraq for San Diego’s Titan Corp. He has written extensively about the 2002 corporate accounting scandal at software goliath Peregrine Systems. He also was a Gerald Loeb Award finalist and National Headline Award winner for “The Toymaker,” a 14-part chronicle of a San Diego start-up company. He takes special satisfaction, though, that the series was included in the library for nonfiction narrative journalism at the Nieman Foundation for Journalism at Harvard University. Bigelow graduated from U.C. Berkeley in 1977 with a degree in English Literature and from the Columbia University Graduate School of Journalism in 1979. Before joining the Union-Tribune in 1990, he worked for the Associated Press in Los Angeles and The Kansas City Times.